OCZ Buys PC Power & Cooling

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OCZ Technology said Friday that it has acquired PC Power & Cooling, a manufacturer of PC power supplies.

Terms of the deal were not disclosed, although Thomson reported that the deal was worth “up to $13 million” in cash and stock.

“This compelling partnership between the two like-minded companies will create a powerful fusion of patented technologies, innovative, high quality PC components, and improved accessibility of premium solutions for customers worldwide,” the two companies said.

OCZ is most widely known for its overclocked memory modules, which cater to the enthusiast market. PC Power also supplies enthusiast power supplies, although the power draw is typically from the CPU, rather than the PC main memory.

“OCZ and PC Power & Cooling are both technology leaders that share a common passion for delivering premium solutions to consumers,” said Ryan Petersen, chief executive of OCZ Technology Group, in a statement. “By bringing these two established companies together we are able to leverage the strengths of each organization and accelerate the development of cutting edge products for a variety of markets. We believe that collectively OCZ and PC Power & Cooling will build on our combined heritage to revolutionize high end computing.”

“In my new role as chief technology officer, I will focus on maintaining PC Power’s lead in proven ultra high-performance with the Turbo-Cool line, and in value and quiet computing with the Silencer line, as well as provide guidance for the continuing improvement of OCZ’s power management solutions,” said Doug Dodson, founder and chief executive of PCP&C, in a statement.